St. Vincent and the Grenadines took a major step towards a cleaner and more secure energy future on Monday, May 6, launching a multi-million dollar geothermal energy-drilling project made possible with financing mobilised by the Caribbean Development Bank (CDB).
CDB secured USD 27 million (mn) in financing for the project through contributions from partners, including the Inter-American Development Bank (IDB), the United Kingdom’s Department for International Development (DFID), the European Union’s Caribbean Investment Facility (EU-CIF) and the Government of New Zealand.
